You can request to refinance your Instant Advance once you are at 50% repayment. Note that 50% needs to be repaid of the Repayment Amount (and not the net amount that you received).
Note that you can only have one active Instant Advance with us at a time, so if your request to refinance is approved, the previous Instant Advance will be repaid from the new Instant Advance.
For example: You got an Instant Advance of $10,000 gross, which nets you $8,000. You have repaid 50%, so there’s $5,000 outstanding on the Advance.
Your request to refinance gets approved and you get another $10,000 Advance which nets you $8,000. This Advance will repay the $5,000 outstanding from the previous Advance, so you will receive $3,000 ($8,000 net amount minus $5,000 outstanding from the previous Advance) plus the Early Repayment Rebate from the previous Advance.